SG Credit Partners Announces a Senior Debt Investment in Modo Labs

SG Credit Partners, through its SG Software + Technology division, is thrilled to announce its partnership with Modo Labs via an $8 million credit facility. Modo is the only low-code app building platform exclusively designed to deliver a digital campus and workplace experience. Trusted by global Fortune 1000 brands and over 200 higher education institutions, the Modo platform powers unified app experiences that go beyond engaging to driving behavior and elevating each user to succeed. Modo's Workplace and Campus solutions provide the agility for customers to quickly build, deploy, evolve, and scale tailored and branded experiences that keep everyone secure and connected, foster culture, and future-proof their organizations.
 
For more information on Modo Labs, visit www.modolabs.com.

About SG Software + Technology
SG Software + Technology provides tailored, flexible credit structures  to SaaS, tech-enabled services, and recurring revenue companies seeking capital to fund growth, extend runway, minimize dilution, and generate equity value.  SG is focused on $5 - $25MM+ ARR businesses (VC/PE backed or bootstrapped) and writes $3 - $20MM+ checks typically in the form of a 36 - 48 month term loan (1st lien or last out/2nd lien).
SG Software + Technology is a division of SG Credit Partners, a broad credit platform consisting of three verticals: Software + Technology, Consumer Products, and Structured Credit. Headquartered in Southern California with offices throughout the country, the firm has provided in excess of $750 million to lower middle market entrepreneurs across a variety of industries.